This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.

This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.

Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.

Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.

Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle).

Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).

Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

Amount of investments in debt and equity securities, including, but not limited to, held-to-maturity, trading and available-for-sale expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer.

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).

Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.

Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments.

Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation, when the per share amount is the same.

Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.

The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations.

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.

Amount of cash paid, after deduction of cash paid for capitalized interest, for interest. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.

Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.

Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.

The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates.

Ho
Wah Genting Group Limited (“HWGG”), a Nevada corporation (formerly Computron, Inc.) through Ho Wah Genting Group SDN
BHD (“Malaysia HWGG”), a Malaysia company and our wholly owned subsidiary, is engaged to promote travel and entertainment
services to members to our partnering resorts and cruises in the Asia region and develop and invest in real estate property.

On
September 2, 1985, Malaysia HWGG was incorporated under the laws of Malaysia as a private company limited by shares with the name
“Ho Wah Genting Holdings SDN. BHD” for the purpose of functioning as a holding company to obtain ownership interests
in Malaysian businesses across various industries. Throughout the years, we have expanded our business operations and undergone
multiple name changes and restructuring to fit our evolving business objectives. First on February 17, 1989, the company changed
its name to “Ho Wah Genting Group (M) SDN. BHD.” On October 2, 1990, the company changed its name to “Ho Wah
Genting Group SDN. BHD.” On December 22, 1990 its name was changed to “Ho Wah Genting Group Berhad” and was
converted to a public company limited by shares. Lastly, on January 18, 1995, the company converted back into a private company
limited by shares and changed its name to “Ho Wah Genting Group Sdn. Bhd.”

From
1985 to 2005, Malaysia HWGG was involved in wire and cable, taxi, travel agent and tour bus charterers and general insurance agent
services. In August 2006, Malaysia HWGG shifted its operations to primarily focus on commercial and residential property investment
by purchasing a condominium in Kuala Lumpur, Malaysia and renting it out for revenue.

In
2015, Malaysia HWGG entered the travel and entertainment services business by launching the Exclusive Travel Membership program
in Malaysia.

On
June 25, 2015, Malaysia HWGG acquired 65% of the equity interests of Beedo SDN BHD (“Beedo”). On July 7, 2015, Beedo
increased its issued and paid-up shares from 2,500 to 1,000,000. HWGG acquired an additional 508,375 shares on that date, making
its balance of shares 510,000 and effectively diluting its shareholding in Beedo from 65% to 51%. Beedo is mainly engaged in the
provision of information technology services. On August 12, 2016, HWGG completed the disposal of its subsidiary, Beedo, by wholly
transferring the shares it owns to a related party, Dato’ Lim Hui Boon, for the consideration of $ 118,881 (RM 510,000).

HWGG
Property Sdn Bhd was incorporated in March 24, 2015. In January 11, 2017, the company acquired 67% of HWGG Property Sdn Bhd for
a consideration of approximately $16 (RM67). HWGG Property Sdn Bhd business activity is in property investment and property development.

REVERSE
MERGER

On
October 28, 2016, Computron acquired all the issued and outstanding shares of Malaysia HWGG, a privately held Malaysia corporation,
pursuant to the Share Exchange Agreement and Malaysia HWGG became the wholly owned subsidiary of Computron in a reverse merger,
or the Merger. Pursuant to the Merger, all of the issued and outstanding shares of Malaysia HWGG common stock were converted,
at an exchange ratio of 0.56-for-1, into an aggregate of 799,680,000 (560,000 pre-forward split) shares of Computron common stock
and Malaysia HWGG became a wholly owned subsidiary of Computron. The holders of Computron’s common stock as of immediately
prior to the Merger held an aggregate of 200,375,532 (140,319 pre-forward split) shares of Computron’s common stock. The
accompanying financial statements share and per share information has been retroactively adjusted to reflect the exchange ratio
in the Merger. Subsequent to the Merger, Computron’s name was changed from “Computron, Inc.” to “Ho Wah
Genting Group Limited.”.

On
November 4, 2016, we completed and closed a share exchange (the “Share Exchange”) under a Share Exchange Agreement
(the “Share Exchange Agreement”) of the same date by and among us, Malaysia HWGG and the shareholders of Malaysia
HWGG pursuant to which Malaysia HWGG became a wholly owned subsidiary of ours. In the Share Exchange, all of the outstanding shares
of Malaysia HWGG were converted into shares of our Common Stock.

Reverse
Stock Split

On
July 12, 2017, the Board of Directors of Ho Wah Genting Group Limited (“ HWGG “) authorized and approved an amendment
(the “ Amendment “) to HWGG’s Amended and Restated Articles of Incorporation, which authorized a two-to-one
reverse stock split (the “Reverse Split”) of HWGG’s outstanding common stock, par value $0.0001 per share, with
a record date of July 14, 2017 (the “ Record Date “). In connection with the reverse stock split, the Board of Directors
of HWGG, also authorized and approved a related increase in the par value of the HWGG common stock from $0.0001 per share to $0.0002
per share. We expect that the Reverse Stock Split will (i) increase the marketability and liquidity of our common stock, as market
price no longer deemed as micro penny stock (below $0.01); (ii) address the reluctance of brokerage firms and institutional investors
to recommend lower-priced stocks to their clients or to hold in their own portfolios; and (iii) enable us to strengthen the quotation
of our common stock on the OTC Markets, Inc. QB Tier.

On
August 9, 2017 we received approval from the Financial Industry Regulatory Authority (“FINRA”) to effectuate the Reverse
Split at the open of business on August 11, 2017.

In
connection with the Share Exchange and pursuant to the Split-Off Agreement (defined below), we transferred our pre-Share Exchange
assets and liabilities to our pre-Share Exchange majority stockholder, in exchange for the surrender by him and cancellation of
5,000,000 shares of our Common Stock.

Under
generally accepted accounting principles in the United States, (“U.S. GAAP”) because Malaysia HWGG’s former
stockholders received the greater portion of the voting rights in the combined entity and Malaysia HWGG’s senior management
represents all of the senior management of the combined entity, the Merger was accounted for as a recapitalization effected by
a share exchange, wherein Malaysia HWGG is considered the acquirer for accounting and financial reporting purposes. The assets
and liabilities of Malaysia HWGG have been brought forward at their book value and no goodwill has been recognized. Accordingly,
the assets and liabilities and the historical operations that are reflected in Malaysia HWGG’s consolidated financial statements
are those of Malaysia HWGG and are recorded at the historical cost basis of Malaysia HWGG.

The entire disclosure for the business description and basis of presentation concepts. Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).

The
accompanying unaudited consolidated financial statements of the Company have been prepared in accordance with accounting principles
generally accepted in the United States of America (“U.S. GAAP”) for interim financial information article 8 of Regulation
S-X.

This
basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned,
and expenses and losses are recognized when incurred. The Company’s financial statements are expressed in U.S. dollars.

Principles
of consolidation

The
unaudited consolidated financial statements include the accounts of HWGG and its subsidiary, Beedo, collectively referred to within
as the Company. All material intercompany accounts, transactions, and profits have been eliminated in consolidation.

Use
of estimates

The
preparation of financial statements in conformity with accounting principles generally accepted in the United States of America
requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses
during the reporting periods. Actual results could differ from those estimates.

Foreign
currency translation and transactions

The
functional currency of the Company is the Malaysian Ringgit (“MYR”) and reporting currency of the Company is the United
States Dollar (“USD”). The financial statements of the Company are translated into USD using the exchange rate as
of the balance sheet date for assets and liabilities and average exchange rate for the year for income and expense items. Translation
gains and losses are recorded in accumulated other comprehensive income or loss as a component of shareholders’ equity.

Cash
and cash equivalents

The
Company considers highly-liquid investments with maturities of three months or less, when purchased, to be cash equivalents.

Investments

The
Company invests its excess cash primarily in equity instruments of high-quality corporate issuers listed on the Main Board of
Bursa Malaysia. Such securities are classified as short-term investments and are valued at the last reported sales price on the
balance sheet date. If no sale price was reported on that date, they are valued at the last reported bid price. Changes in the
value of these investments are recognized as unrealized gain or loss in the statement of income.

Fair
value of financial instruments

FASB
ASC 820, “Fair Value Measurement,” specifies a hierarchy of valuation techniques based upon whether the inputs to
those valuation techniques reflect assumptions other market participants would use based upon market data obtained from independent
sources (observable inputs). In accordance with ASC 820, the following summarizes the fair value hierarchy:

Level
1 Inputs – Unadjusted quoted market prices for identical assets and liabilities in an active market that the Company has
the ability to access.

Level
2 Inputs – Inputs other than the quoted prices in active markets that are observable either directly or indirectly.

Level
3 Inputs – Inputs based on prices or valuation techniques that are both unobservable and significant to the overall fair
value measurements.

ASC
820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure
fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is
based on the lowest level input that is significant to the fair value measurements. Valuation techniques used need to maximize
the use of observable inputs and minimize the use of unobservable inputs. As of September 30, 2017 and December 31, 2016, short
term investments classified as held-for-trading were required to be reported at fair value on a recurring basis. Carrying values
of non-derivative financial instruments, including cash, accounts receivables, payables and accrued liabilities, approximate their
fair values due to the short term nature of these financial instruments. There were no changes in methods or assumptions during
the periods presented.

Property
and equipment, net

Property
and equipment are carried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the
following estimated useful lives:

Leasehold
building

50
years

Computer and software

5 years

Furniture and fixtures

5 years

Leasehold improvement

10 years

Revenue
recognition

The
Company provides rental, Information technology and junket operation services to customer. The Company has recognized lease revenue
based upon its annual rental over the life of the operating lease. Lease revenue is recognized using the straight-line method
in accordance with ASC Topic 970-605, “Real Estate – General – Revenue Recognition” (“ASC Topic
970-605”). Revenue from the provision of information technology services is recognized when (a) there is persuasive evidence
that an arrangement exists, (b) delivery has occurred, (c) the vendor’s fee is fixed or determinable and (d) collectability
is probable in accordance with ASC Topic 985-605, “Software – Revenue Recognition” (“ASC 985-605”).
Junket operation revenue is recognized when service is performed, vendor’s fee is fixed or determinable and collectability
is probable.

Income
taxes

Current
income taxes are provided for in accordance with the laws of the relevant tax authorities. Deferred income taxes are recognized
when temporary differences exist between the tax bases of assets and liabilities and their reported amounts in the combined financial
statements.Net operating loss carry forwards and credits are applied using enacted statutory tax rates applicable to future years.
Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more-likely-than-not that a
portion of or all of the deferred tax assets will not be realized. The components of the deferred tax assets and liabilities are
individually classified as current and non-current based on their characteristics.

The
impact of an uncertain income tax position on the income tax return is recognized at the largest amount that is more-likely-than-not
to be sustained upon audit by the relevant tax authority. An uncertain income tax position will not be recognized if it has less
than a 50% likelihood of being sustained. Interest and penalties on income taxes are classified as a component of the provisions
for income taxes. The Company did not recognize any income tax due to uncertain tax positions or incur any interest and penalties
related to potential underpaid income tax expense as of September 30, 2017 and December 31, 2016, respectively.

Comprehensive
loss

Comprehensive
loss includes net loss and cumulative foreign currency translation adjustments and is reported in the Consolidated Statement of
income and comprehensive loss.

Loss
per share

The
loss per share is computed using the weighted average number of shares outstanding during the fiscal years. For the three and
nine months ended September 30, 2017 and 2016, there is no dilutive effect due to net loss for the periods.

Segment
reporting

ASC
Topic 280 requires use of the “management approach” model for segment reporting. The management approach model is
based on the way a company’s management organizes segments within the company for making operating decisions and assessing
performance. Reportable segments are based on products and services, geography, legal structure, management structure, or any
other manner in which management disaggregates a company. During the periods ended September 30, 2017, the Company operated in
three reportable business segments: (1) investment property holding which generates rental income from the leasing out of its
leasehold building, (2) exclusive travel membership (ETM) and junket operations (3) information technology services, which generates
revenue from the provision of information technology services..

The
others which comprise of general operating and administrative expenses, and other income/expenses not directly attributable to
the sources of revenue of the Company for the three and nine months ended September 30, 2017 and 2016.

Related
party transactions

A
related party is generally defined as:

(i)
any person that holds the Company’s securities including such person’s immediate families,

(ii)
the Company’s management,

(iii)
someone that directly or indirectly controls, is controlled by or is under common control with the Company, or

(iv)
anyone who can significantly influence the financial and operating decisions of the Company.

A
transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related
parties.

Recently
issued accounting pronouncements

Revenue
Recognition: In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). The amendments
in ASU 2015-14 defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit
entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after
December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as
of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period.

Financial
instrument : In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments - Overall (Subtopic 825-10):
Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). The standard addresses
certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for
fiscal years, and interim periods within those years, beginning after December 15, 2017, and early adoption is not permitted.
Accordingly, the standard is effective for us on January 1, 2018. We are currently evaluating the impact that the standard will
have on our consolidated financial statements.

Leases
: In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-2”), which provides guidance
on lease amendments to the FASB Accounting Standard Codification. This ASU will be effective for us beginning in January 1, 2019.
We are currently in the process of evaluating the impact of the adoption of ASU 2016-2 on our consolidated financial statements.

Financial
Instruments - Credit Losses: In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326):
The amendments in this Update require a financial asset (or a group of financial assets) measured at amortized cost basis to be
presented at the net amount expected to be collected. The amendments broaden the information that an entity must consider in developing
its expected credit loss estimate for assets measured either collectively or individually. The use of forecasted information incorporates
more timely information in the estimate of expected credit loss, which will be more decision useful to users of the financial
statements. ASU 2016-13 is effective for the Company for fiscal years beginning after December 15, 2019, including interim periods
within those fiscal years. Early adoption is allowed as of the fiscal years beginning after December 15, 2018, including interim
periods within those fiscal years. The Company is still evaluating the effect that this guidance will have on the Company’s
consolidated financial statements and related disclosures.

The
Financial Accounting Standards Board and other entities issued new or modifications to, or interpretations of, existing accounting
guidance during 2017. Management has carefully considered the new pronouncements that altered generally accepted accounting principles
and does not believe that any other new or modified principles will have a material impact on the Company’s reported financial
position or operations in the near term.

These
consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates
the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.

For
the period ended September 30, 2017, the Company reported a net loss of $669,529 and working capital deficit of $1,129,552. The
Company had an accumulated deficit of $1,202,810 as of September 30, 2017.

The
continuation of the Company as a going concern is dependent upon improving the profitability and the continuing financial support
from its stockholders or other capital sources. Management believes that the continuing financial support from the existing shareholders
or external debt financing will provide the additional cash to meet the Company’s obligations as they become due.

These
consolidation financial statements do not include any adjustments to reflect the possible future effects on the recoverability
and classification of assets or the amounts and classification of liabilities that may result from the outcome of the Company’s
ability to continue as a going concern.

The entire disclosure when substantial doubt is raised about the ability to continue as a going concern. Includes, but is not limited to, principal conditions or events that raised substantial doubt about the ability to continue as a going concern, management's evaluation of the significance of those conditions or events in relation to the ability to meet its obligations, and management's plans that alleviated or are intended to mitigate the conditions or events that raise substantial doubt about the ability to continue as a going concern.

Other
receivables mainly arising from owing by Silver Rhythm Sdn Bhd. Ho Wah Genting Group Limited has signed an agreement with
Silver Rhythm Sdn Bhd and another deemed related party, to offset Silver Rhythm Sdn Bhd’s owing of RM8,420,000 with
1,960,912 unit of Vitaxel Group Limited’s shares, a company listed on OTC Market.

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

The
Company and its subsidiary are Malaysia incorporated companies and required to pay corporate income tax at 24% of taxable income.

Income
tax expenses for the Company are summarized as follows:

For
the three months ended

For
the nine months ended

September30,
2017

September30,
2016

September30,
2017

September30,
2016

Current:

Provision
for Malaysian income tax

$

—

$

736

$

—

$

733

Provision for U.S.
income tax

—

—

—

—

Deferred:

Provision for Malaysian
income tax

—

—

—

—

Provision
for U.S. income tax

—

—

—

—

$

—

$

736

$

—

$

733

Malaysia

Malaysia
HWGG recorded a loss before income tax of $669,529 and $296,911 for the period ended September 30, 2017 and 2016, respectively.
A reconciliation of the provision for income taxes with amounts determined by applying the Malaysian income tax rate of 24% and
24% for the period ended September 30, 2017 and 2016, respectively, to income before income taxes are as follows:

For
the three months ended

For
the nine months ended

September30,
2017

September30,
2016

September30,
2017

September30,
2016

Profit
(loss) before income tax

$

(323,597

)

$

(98,437

)

$

(549,933

)

$

(320,920

)

Permanent difference

323,597

98,425

549,933

323,864

Taxable income

$

—

$

12

$

—

$

2,944

Malaysian income tax
rate

24

%

24

%

24

%

24

%

Current tax expenses

$

—

$

(3

)

$

—

$

(736

)

Less: Valuation allowance

—

—

—

—

Income
tax expenses

$

—

$

(3

)

$

—

$

(736

)

United
States of America

HWGG
is a company incorporated in State of Nevada and recorded a loss before income tax of $- and for the period ended September 30,
2017 and 2016, respectively. A reconciliation of the provision for income taxes with amounts determined by applying the United
States Federal income tax rate of 34% for the period ended September 30, 2017 and 2016, respectively, to income before income
taxes are as follows:

For
the three months ended

For
the six ended

September30,
2017

September30,
2016

September30,
2017

September30,
2016

Profit (loss) before
income tax

$

—

$

—

$

—

$

—

Permanent difference

—

—

—

—

Taxable income

$

—

$

—

$

—

$

—

USA income
tax rate

34

%

34

%

34

%

34

%

Current tax expenses

$

—

$

—

$

—

$

—

Less: Valuation allowance

—

—

—

—

Income
tax expenses

$

—

$

—

$

—

$

—

No
deferred tax has been provided as there are no material temporary differences arising during the periods ended September 30, 2017
and 2016.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

As
of September 30, 2017 and December 31, 2016, amounts due from related parties were as follows:

As
ofSeptember30, 2017

As
ofDecember31, 2016

Ho Wah
Genting Berhad (1)

$

59,256

$

544,096

Ho Wah Genting Holiday
Sdn Bhd (2)

37,924

—

Ho Wah Genting Shenzhen
Limited (2)

110,612

—

Genting Highlands Taxi
Services Sdn Bhd

23,702

—

Vitaxel SDN BHD (2)

655,749

585,619

Vitaxel
Online Mall SDN BHD (3)

23,702

22,299

$

910,945

$

1,152,014

The
amounts due from related companies are unsecured, interest-free and repayable on demand.

As
of September 30, 2017 and December 31, 2016, amounts due from directors were as follows:

As
ofSeptember30, 2017

As
ofDecember31, 2016

Lim
Chun Hoo (1)

$

8

$

23,503

The
amounts due from a director were unsecured, interest-free and repayable on demand.

As
of September 30, 2017 and December 31, 2016, amounts due to related parties were as follows:

As
ofSeptember30, 2017

As
ofDecember31, 2016

Dato’
Lim Boon Hui (1)

$

—

$

208,830

Grande Legacy Inc.
(4)

234,908

—

Beedo
SDN BHD (2) (3)

52,145

57,977

$

287,053

$

266,807

(1)

Our
President. Dato Lim Hui Boon, is also the Group President and shareholder of Ho Wah Genting Berhad

(2)

Lim
Chun Hoo, our Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and director, is also a director of
Ho Wah Genting Holiday Sdn Bhd, Ho Wah Genting Shenzhen Limited and Beedo SDN BHD. He was also a director of Vitaxel Group
Limited, parent company of its wholly owned subsidiary Vitaxel SDN BHD, until his resignation from that position on March
31, 2017.

(3)

Liew
Jenn Lim, one of our directors since March 1, 2017, is also a director of Vitaxel Online Mall Sdn Bhd and Beedo SDN BHD.

(4)

Leong
Yee Ming, one of our directors prior to his resignation on March 1, 2017, is a director of Grande Legacy Inc.

During
the periods ended September 30, 2017 and 2016, the Company recognized rental income of $4,144 (3 months $1,381) and $4,414 (3
months $1,381) respectively from Ho Wah Genting Berhad. The president of the Company, Dato’ Lim Hui Boon, is also the Group
President of Ho Wah Genting Berhad. In addition, two sons of Dato’ Lim Hui Boon are directors of Ho Wah Genting Berhad.

During
the periods ended September 30, 2017 and 2016, the Company recognized revenues consisting of junket commission from Ho Wah
Genting Holiday SDN BHD was $7,680 and $15,592 respectively, and only for period ended September 30, 2017.

From
January 1, 2016 to August 12, 2016, the Company, through its subsidiary Beedo SDN BHD recognized revenue from the provision of
information technology services of $10,361 from Ho Wah Genting Holiday SDN BHD and $41,443 from Vitaxel SDN BHD. Beedo SDN BHD
was disposed of by the Company after August 12, 2016 and stopped earning revenue from the provision of information technology
services.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

The
Company has adopted ASC Topic No. 260, “Earnings Per Share,” (“EPS”) which requires presentation
of basic and diluted EPS on the face of the income statement, and requires a reconciliation of the numerator and denominator of
the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements,
basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock
outstanding during the year.

The
following table sets forth the computation of basic and diluted earnings per share:

For
the three month ended

For
the nine month ended

September30,
2017

September30,
2016

September30,
2017

September30,
2016

Net
loss applicable to common shares

$

(249,490

)

$

(91,241

)

$

(669,529

)

$

(314,457

)

Weighted average
common shares outstanding (Basic) / (Diluted)

500,027,774

200,375,532

500,027,774

200,375,532

Loss per
share

$

0.00

$

0.00

$

0.00

0.00

)

The
Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

The
Company’s operating businesses are organized based on the business activities from which the Company earns revenues. Our
reported segments for the period ended September 30, 2017 and year ended December 31, 2016 are described as follows:

Investment
property holding

The
Company generates rental income from the leasing out of its leasehold building.

Information
technology services

The
Company generates revenue from the provision of information technology services. This line of business commenced in the year 2015.
This line of business ended on August 12, 2016 when the Company completed the disposal of its subsidiary, Beedo.

Exclusive
Travel Membership

The
company generates revenue from management fee billing on the member 10% for the deposit that put into the account.

These
comprise of general operating and administrative expenses, and other income/expenses not directly attributable to the sources
of revenue of the Company for the periods ended September 30, 2017 and 2016.

The
Company’s reportable segments are managed separately based on the fundamental differences in their operations.

Information
with respect to these reportable business segments for the periods ended September 30, 2017 and 2016 was as follows:

For
the three months ended

For
the nine monthsended

September30,
2017

September30,
2016

September30,
2017

September30,
2016

Revenues:

Investment
property holding

$

1,381

$

4,414

$

4,144

$

4,414

Information technology
services

—

—

—

—

ETM and junket operations

—

—

7,850

—

Others

29,014

14,638

174,642

14,638

$

30,395

$

19,052

$

186,636

$

19,052

Cost of revenues:

Investment property
holding

$

—

$

3,082

$

—

$

3,082

Information technology
services

—

—

—

—

ETM and junket operations

—

—

—

—

Others

41,494

—

122,204

—

$

41,494

$

3,082

$

122,204

$

3,082

Depreciation:

Investment property
holding

$

638

$

611

$

1,914

$

1,583

Information technology
services

—

—

—

—

ETM and junket operations

—

—

—

—

Others

—

—

—

—

$

638

$

611

$

1,914

$

1,583

Net income (loss):

Investment property
holding

$

1,381

$

1,332

$

4,144

$

1,332

Information technology
services

—

—

—

—

ETM and junket operations

—

—

7,850

—

Others

(250,870

)

(140,404

)

(681,523

)

(298,979

)

$

(249,489

)

$

(139,072

)

$

(669,529

)

$

(297,647

)

September
30, 2017

Investmentpropertyholding

Informationtechnologyservices

Junketoperation

Others

Total

Identifiable
long-lived assets, net

$

58,736

$

—

$

—

$

5,908

$

64,644

December
31, 2016

Investmentpropertyholding

Informationtechnologyservices

Junketoperation

Others

Total

Identifiable
long-lived assets, net

$

56,317

$

—

$

—

$

3,747

$

60,064

The
Company does not allocate any operating and administrative expenses, other income/expenses to its reportable segments because
these activities are managed at a corporate level. In addition, the specified amounts for income tax expense are not included
in the measure of segment profit or loss reviewed by the chief operating decision maker and these specified amounts are not regularly
provided to the chief operating decision maker. Therefore, the Company has not disclosed income tax expense for each reportable
segment.

Asset
information by reportable segment is not reported to or reviewed by the chief operating decision maker and, therefore, the Company
has not disclosed asset information for each reportable segment. The Company’s operations are located in Malaysia. All revenues
are derived from customers in Malaysia. All of the Company’s operating assets are located in Malaysia.

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

On
October 23, 2017, Ho Wah Genting Group Sdn. Bhd. has signed an agreement with Silver Rhythm Sdn Bhd and another deemed related
party, to offset Silver Rhythm Sdn Bhd’s owing of RM8,420,000 with 1,960,912 unit of shares of a company listed on OTC Market,
following to an arrangement signed between Ho Wah Genting Group Sdn Bhd with Silver Rhythm Sdn Bhd on July 6, 2017.

On
November 6, 2017, Ho Wah Genting Group Sdn. Bhd. has issued a letter to Vspark Malaysia Sdn. Bhd. to acknowledge that there is
a potential 50:50 joint venture with Vspark Malaysia Sdn. Bhd. to develop the Port Dickson Project. The Port Dickson Project consist
of 182 units of water chalet, 400 units of hotel tower and a cruise entertainment hub.

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

The
accompanying unaudited consolidated financial statements of the Company have been prepared in accordance with accounting principles
generally accepted in the United States of America (“U.S. GAAP”) for interim financial information article 8 of Regulation
S-X.

This
basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned,
and expenses and losses are recognized when incurred. The Company’s financial statements are expressed in U.S. dollars

The
unaudited consolidated financial statements include the accounts of HWGG and its subsidiary, Beedo, collectively referred to within
as the Company. All material intercompany accounts, transactions, and profits have been eliminated in consolidation.

The
preparation of financial statements in conformity with accounting principles generally accepted in the United States of America
requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses
during the reporting periods. Actual results could differ from those estimates.

The
functional currency of the Company is the Malaysian Ringgit (“MYR”) and reporting currency of the Company is the United
States Dollar (“USD”). The financial statements of the Company are translated into USD using the exchange rate as
of the balance sheet date for assets and liabilities and average exchange rate for the year for income and expense items. Translation
gains and losses are recorded in accumulated other comprehensive income or loss as a component of shareholders’ equity.

The
Company invests its excess cash primarily in equity instruments of high-quality corporate issuers listed on the Main Board of
Bursa Malaysia. Such securities are classified as short-term investments and are valued at the last reported sales price on the
balance sheet date. If no sale price was reported on that date, they are valued at the last reported bid price. Changes in the
value of these investments are recognized as unrealized gain or loss in the statement of income.

FASB
ASC 820, “Fair Value Measurement,” specifies a hierarchy of valuation techniques based upon whether the inputs to
those valuation techniques reflect assumptions other market participants would use based upon market data obtained from independent
sources (observable inputs). In accordance with ASC 820, the following summarizes the fair value hierarchy:

Level
1 Inputs – Unadjusted quoted market prices for identical assets and liabilities in an active market that the Company has
the ability to access.

Level
2 Inputs – Inputs other than the quoted prices in active markets that are observable either directly or indirectly.

Level
3 Inputs – Inputs based on prices or valuation techniques that are both unobservable and significant to the overall fair
value measurements.

ASC
820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure
fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is
based on the lowest level input that is significant to the fair value measurements. Valuation techniques used need to maximize
the use of observable inputs and minimize the use of unobservable inputs. As of September 30, 2017 and December 31, 2016, short
term investments classified as held-for-trading were required to be reported at fair value on a recurring basis. Carrying values
of non-derivative financial instruments, including cash, accounts receivables, payables and accrued liabilities, approximate their
fair values due to the short term nature of these financial instruments. There were no changes in methods or assumptions during
the periods presented.

The
Company provides rental, Information technology and junket operation services to customer. The Company has recognized lease revenue
based upon its annual rental over the life of the operating lease. Lease revenue is recognized using the straight-line method
in accordance with ASC Topic 970-605, “Real Estate – General – Revenue Recognition” (“ASC Topic
970-605”). Revenue from the provision of information technology services is recognized when (a) there is persuasive evidence
that an arrangement exists, (b) delivery has occurred, (c) the vendor’s fee is fixed or determinable and (d) collectability
is probable in accordance with ASC Topic 985-605, “Software – Revenue Recognition” (“ASC 985-605”).
Junket operation revenue is recognized when service is performed, vendor’s fee is fixed or determinable and collectability
is probable.

Current
income taxes are provided for in accordance with the laws of the relevant tax authorities. Deferred income taxes are recognized
when temporary differences exist between the tax bases of assets and liabilities and their reported amounts in the combined financial
statements.Net operating loss carry forwards and credits are applied using enacted statutory tax rates applicable to future years.
Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more-likely-than-not that a
portion of or all of the deferred tax assets will not be realized. The components of the deferred tax assets and liabilities are
individually classified as current and non-current based on their characteristics.

The
impact of an uncertain income tax position on the income tax return is recognized at the largest amount that is more-likely-than-not
to be sustained upon audit by the relevant tax authority. An uncertain income tax position will not be recognized if it has less
than a 50% likelihood of being sustained. Interest and penalties on income taxes are classified as a component of the provisions
for income taxes. The Company did not recognize any income tax due to uncertain tax positions or incur any interest and penalties
related to potential underpaid income tax expense as of September 30, 2017 and December 31, 2016, respectively.

The
loss per share is computed using the weighted average number of shares outstanding during the fiscal years. For the three and
nine months ended September 30, 2017 and 2016, there is no dilutive effect due to net loss for the periods.

ASC
Topic 280 requires use of the “management approach” model for segment reporting. The management approach model is
based on the way a company’s management organizes segments within the company for making operating decisions and assessing
performance. Reportable segments are based on products and services, geography, legal structure, management structure, or any
other manner in which management disaggregates a company. During the periods ended September 30, 2017, the Company operated in
three reportable business segments: (1) investment property holding which generates rental income from the leasing out of its
leasehold building, (2) exclusive travel membership (ETM) and junket operations (3) information technology services, which generates
revenue from the provision of information technology services..

The
others which comprise of general operating and administrative expenses, and other income/expenses not directly attributable to
the sources of revenue of the Company for the three and nine months ended September 30, 2017 and 2016.

Revenue
Recognition: In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). The amendments
in ASU 2015-14 defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit
entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after
December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as
of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period.

Financial
instrument : In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments - Overall (Subtopic 825-10):
Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). The standard addresses
certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for
fiscal years, and interim periods within those years, beginning after December 15, 2017, and early adoption is not permitted.
Accordingly, the standard is effective for us on January 1, 2018. We are currently evaluating the impact that the standard will
have on our consolidated financial statements.

Leases
: In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-2”), which provides guidance
on lease amendments to the FASB Accounting Standard Codification. This ASU will be effective for us beginning in January 1, 2019.
We are currently in the process of evaluating the impact of the adoption of ASU 2016-2 on our consolidated financial statements.

Financial
Instruments - Credit Losses: In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326):
The amendments in this Update require a financial asset (or a group of financial assets) measured at amortized cost basis to be
presented at the net amount expected to be collected. The amendments broaden the information that an entity must consider in developing
its expected credit loss estimate for assets measured either collectively or individually. The use of forecasted information incorporates
more timely information in the estimate of expected credit loss, which will be more decision useful to users of the financial
statements. ASU 2016-13 is effective for the Company for fiscal years beginning after December 15, 2019, including interim periods
within those fiscal years. Early adoption is allowed as of the fiscal years beginning after December 15, 2018, including interim
periods within those fiscal years. The Company is still evaluating the effect that this guidance will have on the Company’s
consolidated financial statements and related disclosures.

The
Financial Accounting Standards Board and other entities issued new or modifications to, or interpretations of, existing accounting
guidance during 2017. Management has carefully considered the new pronouncements that altered generally accepted accounting principles
and does not believe that any other new or modified principles will have a material impact on the Company’s reported financial
position or operations in the near term.

Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).

Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.

Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

Disclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities.

Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy.

Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.

Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment.

Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.

Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments.

Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.

Other
receivables mainly arising from owing by Silver Rhythm Sdn Bhd. Ho Wah Genting Group Limited has signed an agreement with
Silver Rhythm Sdn Bhd and another deemed related party, to offset Silver Rhythm Sdn Bhd’s owing of RM8,420,000 with
1,960,912 unit of Vitaxel Group Limited’s shares, a company listed on OTC Market.

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

Malaysia
HWGG recorded a loss before income tax of $669,529 and $296,911 for the period ended September 30, 2017 and 2016, respectively.
A reconciliation of the provision for income taxes with amounts determined by applying the Malaysian income tax rate of 24% and
24% for the period ended September 30, 2017 and 2016, respectively, to income before income taxes are as follows:

For
the three months ended

For
the nine months ended

September30,
2017

September30,
2016

September30,
2017

September30,
2016

Profit
(loss) before income tax

$

(323,597

)

$

(98,437

)

$

(549,933

)

$

(320,920

)

Permanent difference

323,597

98,425

549,933

323,864

Taxable income

$

—

$

12

$

—

$

2,944

Malaysian income tax
rate

24

%

24

%

24

%

24

%

Current tax expenses

$

—

$

(3

)

$

—

$

(736

)

Less: Valuation allowance

—

—

—

—

Income
tax expenses

$

—

$

(3

)

$

—

$

(736

)

United
States of America

HWGG
is a company incorporated in State of Nevada and recorded a loss before income tax of $- and for the period ended September 30,
2017 and 2016, respectively. A reconciliation of the provision for income taxes with amounts determined by applying the United
States Federal income tax rate of 34% for the period ended September 30, 2017 and 2016, respectively, to income before income
taxes are as follows:

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

As
of September 30, 2017 and December 31, 2016, amounts due to related parties were as follows:

As
ofSeptember30, 2017

As
ofDecember31, 2016

Dato’
Lim Boon Hui (1)

$

—

$

208,830

Grande Legacy Inc.
(4)

234,908

—

Beedo
SDN BHD (2) (3)

52,145

57,977

$

287,053

$

266,807

(1)

Our
President. Dato Lim Hui Boon, is also the Group President and shareholder of Ho Wah Genting Berhad

(2)

Lim
Chun Hoo, our Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and director, is also a director of
Ho Wah Genting Holiday Sdn Bhd, Ho Wah Genting Shenzhen Limited and Beedo SDN BHD. He was also a director of Vitaxel Group
Limited, parent company of its wholly owned subsidiary Vitaxel SDN BHD, until his resignation from that position on March
31, 2017.

(3)

Liew
Jenn Lim, one of our directors since March 1, 2017, is also a director of Vitaxel Online Mall Sdn Bhd and Beedo SDN BHD.

(4)

Leong
Yee Ming, one of our directors prior to his resignation on March 1, 2017, is a director of Grande Legacy Inc.

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).